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What will happen to container freight rates in 2011?
Increase.
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SHIPBUILDING

Three South Korean Biggest Shipyards Reach USD 50 Billion in New Build Orders
Friday, 23.Dec.2011, 00:11
As the year 2011 closes by, South Korean three biggest shipyards have so far landed their annual targets in new build orders. Encouraged by strong offshore demand, Samsung Heavy, Daewoo Marine and Hyundai Heavy have all together secured orders worth USD 49.6 billion.
STX France Secures Order for Two Luxury Cruise Ships
Wednesday, 21.Dec.2011, 23:37
STX France SA has received an order to build two luxury cruise ships from Viking Ocean Cruises, an affiliate of Viking River Cruises. The vessels will be delivered in spring 2014 and spring 2015, respectively, and will be part of Viking’s new Ocean Cruise brand. An option for a third ship is being considered.
Global and China Shipbuilding Industry Report, 2010-2011
Wednesday, 21.Dec.2011, 11:36
NEW YORK , Dec. 21, 2011 /PRNewswire/ -- Reportlinker.com announces that a new market research report is available in its catalogue: Global and China Shipbuilding Industry Report, 2010-2011 http://www.reportlinker.com/p0727028/Global-and-China-Shipbuilding-Industry-Report-2010-2011.html#utm_source=prnewswire&utm_medium=pr&utm_campaign=Shipbuild ...
Breaking News: County Commission approves Eastern Shipbuilding tax exemption
Tuesday, 20.Dec.2011, 22:05
PANAMA CITY - Eastern Shipbuilding Group is adding 500 new jobs to fill two new contracts.In an ad valorem tax exemption application submitted to Bay County Board of County Commissioners, the ship building company said it would be adding $17 million in new crane equipment and hiring 200 people to...
Photo Release -- Ingalls Shipbuilding Delivers San Diego (LPD 22) to the U.S. Navy
Monday, 19.Dec.2011, 22:35
PASCAGOULA, Miss. -- Huntington Ingalls Industries today delivered the company's sixth amphibious transport dock, San Diego (LPD 22), to the U.S. Navy. The ship was delivered in a brief ceremony at Ingalls ...
STX Finland Starts Construction of Double Ended Ferry
Monday, 19.Dec.2011, 00:05
STX Finland Oy’s Rauma Shipyard started a production of a Double Ended newbuilding no. 1380 for Finferries, on Tuesday, December 13.
South Korea: Namsung Shipping Plans to Order Three Containerships
Thursday, 15.Dec.2011, 20:37
Samsung Shipping of Korea is preparing to place a new order for three 1,850 TEU containerships at an undetermined South Korean yard, Seatrade Asia reports.
Russia: ZNT YARD JSC Starts Construction of Two Icebreaking Tugs for Rosmoport
Wednesday, 14.Dec.2011, 22:22
The 8th of December saw the laying down of keels of two TG04M project shallow-draught icebreaking tugs by ZNT YARD JSC for a FSUE “Rosmoport†Azov basin branch.
South Korea: HMM Secures Loan Facility for Ships under Construction
Wednesday, 14.Dec.2011, 22:14
Hyundai Merchant Marine closed on a $500 million debt facility on Tuesday from a syndicate of financial institutions led by DNB Bank.
REFILE-UPDATE 1-Thyssen sells civilian shipyards to Star Capital
Monday, 12.Dec.2011, 13:50
(Refiles to complete paragraph 2 with timing of the deal) * Deal to close in first quarter of 2012 * ThyssenKrupp does not disclose price * Company in move to exit civilian shipbuilding FRANKFURT, Dec ...
  » ThyssenKrupp sells shipyards business
  » UPDATE 1-Thyssen sells civilian shipyards to Star Capital
  » Taiwan shipbuilder CSBC has plump box ship order book in year ahead
  » Norway: Bukser og Berging Wins Contract from Statoil for Two Escort Tugboats
  » Finland: Arctech Helsinki Shipyard Inks Contract to Build Multipurpose Rescue Vessel
  » UPDATE 2-Daewoo Shipbuilding says European client cancels order
  » Russia to Build Four Diesel Icebreakers
  » China: Rongsheng Heavy Bags Order for 10 Suezmax Tankers
  » Pulse: Shipbuilding benefits
  » Turkmen repair yard will be built by EU Capital



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News in Pictures

Germany's defense minister says the commander of the troubled navy training ship has been relieved of his duties and the vessel ordered to return amid questions surrounding the death of a sailor on board late last year. Defense Minister Karl-Theodor zu Guttenberg said the Gorch Fock would remain in port pending the results of an investigation into the death of the 25-year-old sailor who plunged from the ship's rigging in November. Guttenberg told ARD public broadcaster on Saturday Jan. 22, 2011 the ship would not be used for training pending the outcome of an investigation. Guttenberg consistently polls as one of the nation's most popular politicians, but has come under pressure in recent weeks over a series of issues in the military, including the death on the Gorch Fock.


Hot News
South Korean Shipbuilding Faces Hard Times, Hyundai Heavy Reflects
Bulk carrier M/V Ore Fabrica, Converted to self-unloading ship
Samsung designs tailor-made 13,200 TEU ship to transit Panama Canal
Damen Shipyards delivers three Cutter Suction Dredgers to Azerbaijan
Chinese yard delivers fuel efficient bulk carrier AQUILA
Tsuji Shipyard Delivers Two Bulk Carriers to Turkish Shipowner
Gas-powered ferry delivered in Norway
LNG-powered 9,000-TEUer wins DNV classification society approval
The Netherlands: Damen Shipyards Secures Five Pontoon Orders
Damen Shipyards Secures Order for Two HSSVs from MarineCo UK

 
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